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NEW YORK , Feb. 24, 2022 /PRNewswire/ -- The Advanced Ceramics Market in Europe is set to grow by USD 498.46 million between 2021 and 2026, accelerating at a CAGR of about 4.20% during the forecast period. The market is segmented by material (alumina ceramics, zirconia, aluminum titanate ceramic, silicon carbide ceramic, and others) and geography (Germany , Italy , UK, France , and Rest of Europe ). The report provides detailed insights into how vendors are performing in terms of revenue generation, market position, product launches, and customer base among others.
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Key takeaways from Advanced Ceramics Market in Europe study
The market structure is expected to remain fragmented during the forecast period. Vendors are deploying different organic and inorganic growth strategies to compete in the market.
Blasch Precision Ceramics Inc., CeramTec GmbH, CoorsTek Inc., Corning Inc., KYOCERA Corp., McDanel Advanced Ceramic Technologies LLC, Momentive Performance Materials Inc., Morgan Advanced Materials Plc, Rauschert GmbH, Vesuvius Plc among others are some of the few key vendors competing to maintain their market position in the market.
The vendors in the market compete on the basis of factors such as price, quality, innovation, reputation, and distribution network. While some companies are more specialized than others with respect to particular commodities, others have larger financial resources.
View more about the market's vendor landscape highlights with a comprehensive list of vendors and their offerings.
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Advanced Ceramics Market in Europe : Growth Drivers and Challenges
The use of advanced ceramics in medical implants and devices is one of the major factors driving the Advanced Ceramics Market in Europe to grow. The European Medical Agency's clearance has resulted in a surge in demand for advanced ceramics in knee and hip reconstruction.
During the projection period, the increased incidence of osteoporosis and the resulting fractures are expected to encourage the adoption of glass-ceramic implants. Dentists have been employing ceramics for restoring veneers for a long time and have enthusiastically embraced the new technology. As a result, the market will rise as sophisticated ceramics are increasingly used in medical implants and equipment.
"Although the use of advanced ceramics will further boost the market growth, the high cost compared with metals and alloys might reduce the growth opportunities for market players", says an analyst at Technavio.
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Advanced Ceramics Market Scope in Europe
Accelerate at a CAGR of 4.20%
Germany, Italy, UK, France, and Rest of Europe
Leading companies, Competitive strategies, Consumer engagement scope
Blasch Precision Ceramics Inc., CeramTec GmbH, CoorsTek Inc., Corning Inc., KYOCERA Corp., McDanel Advanced Ceramic Technologies LLC, Momentive Performance Materials Inc., Morgan Advanced Materials Plc, Rauschert GmbH, and Vesuvius Plc
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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